All Forum Posts by: Zach Lemaster

@Masashi Borges-Silva

Thank you for the mention!

We do invest in Pennsylvania as well as many other locations that we've strategically chosen based on the market analysis, taxes, legislation, economic/population growth, rent:price ratios, etc.

Here are some threads that are a good read if anyone wants to explore more specifically the areas we focus on:

https://www.biggerpockets.com/users/ZacharyCole/references

https://www.biggerpockets.com/forums/92/topics/765347-rent-to-retirement-review

https://www.biggerpockets.com/forums/44/topics/1058814-first-time-with-new-construction-cape-coral-fl?highlight_post=6055029&page=1

https://www.biggerpockets.com/forums/850/topics/895660-my-first-investment-property-an-out-of-state-deal

https://www.biggerpockets.com/forums/92/topics/983659-first-investment-property-with-rent-to-retirement?

@Brian Beck

Thanks for the mention about RTR!  We are available to answer any questions you have at any point in time.

You are definitely in a good spot with having that much equity. I would take some time to really define your goals and strategy to see how you should apply that HELOC to scale. Do you want to continue down the development side & focus more on STRs? Why Indy? We are heavily investing in Indy, but we also like many other markets that perform excellent as well. Recently I've been focused personally on how to make my STR's perform in the top 1% of our market which is a 6 figure different from being in the middle 50% of where avg properties perform. It's all in the mngt! Anywho, our team is available to answer any questions you have at any point in time. Here are some threads that might be interesting to read as well from previous RTR clients:

https://www.biggerpockets.com/forums/92/topics/518583-feedback-on-renttoretirement-and-zach-lemaster

https://www.biggerpockets.com/users/ZacharyCole/references

https://www.biggerpockets.com/forums/92/topics/765347-rent-to-retirement-review

https://www.biggerpockets.com/forums/44/topics/1058814-first-time-with-new-construction-cape-coral-fl?highlight_post=6055029&page=1

https://www.biggerpockets.com/forums/850/topics/895660-my-first-investment-property-an-out-of-state-deal

https://www.biggerpockets.com/forums/92/topics/983659-first-investment-property-with-rent-to-retirement?highlight_post=5677176&page=1#p5677176

https://www.biggerpockets.com/co/RentToRetirement

@Brandon Kowalski

Welcome! TK is a great way to get started working with an established team, especially if you are considering investing OOS for better returns. We work with many newer investors that get started & build their confidence with TK that end up doing some pretty awesome things in the REI space across multiple markets. It's all about getting that first deal done, and then focusing on the next to consistently grow your portfolio. I've invested in many parts of IL for about a decade & agree with your assessment. I believe there to be much better markets out there from a tax, legal, appreciation & cash flow perspective. Happy to connect to share more thoughts.

We appreciate the interest in RTR.  Here are some more resources with other investors sharing their experiences that might be useful to read:

https://www.biggerpockets.com/forums/92/topics/518583-feedback-on-renttoretirement-and-zach-lemaster

https://www.biggerpockets.com/users/ZacharyCole/references

https://www.biggerpockets.com/forums/92/topics/765347-rent-to-retirement-review

https://www.biggerpockets.com/forums/44/topics/1058814-first-time-with-new-construction-cape-coral-fl?highlight_post=6055029&page=1

https://www.biggerpockets.com/forums/850/topics/895660-my-first-investment-property-an-out-of-state-deal

@Kang-Li Cheng

Indy is an excellent market that has seen very good appreciation for the midwest but still cash flows.  It's a great place to pick up $150k to $200k B class properties that allow for double digit returns.

We have an excellent team in Indy along with many other midwest and SE markets.  We are happy to discuss further if you would like.  Just let me know.

Here are some great threads to read through about investors sharing their experiences in Indy and other markets we like.

https://www.biggerpockets.com/forums/92/topics/518583-feedback-on-renttoretirement-and-zach-lemaster

https://www.biggerpockets.com/users/ZacharyCole/references

https://www.biggerpockets.com/forums/92/topics/765347-rent-to-retirement-review

https://www.biggerpockets.com/forums/44/topics/1058814-first-time-with-new-construction-cape-coral-fl?highlight_post=6055029&page=1

https://www.biggerpockets.com/forums/850/topics/895660-my-first-investment-property-an-out-of-state-deal

@Zach Cohen

We have a full list of excellent lenders that are licensed to lend in all states and are very familiar working with investors.  Feel free to reach out if you'd like me to send over the recommendation list!

@Paul Britton

Thank you very much for the mention!

@Malcolm James

We assist many Canadian investors (like Paul) in the process of investing in the US.  We have many excellent lending options available (such as Lendai) along with excellent investment options available.  Please feel free to reach out with any questions to walk through this process.

@Jason Bobby

The gap is tightening.  Conventional can still be a great option if finding the right lender, but we've found different lenders offering quite different products currently.  Many people are looking at ARMs then to refi in a few years as the feds expect rates to come down in 2024/25.

Remember with DSCR:

-look at PPP

-higher down payment still and slightly higher rate

-less qualification/easier closing

-loan convenants can be rather restrictive.  The best loan products may come with strings attached.

@Cameron Biggs

We've found the most success finding great deals in the secondary markets surrounding Cleveland in Akron, Barberton, etc.  Still cash flow well, and reasonable acquisition price.  Some value add opportunities as well.

Buildium would be my top recommendation if you are handling mngt.  RentRedi, avail, appfolio are great for general accounting.

@Ann Mclean

Welcome to BP!  All questions welcome!

We are active in the Houston market.  Feel free to reach out at any time.